Cost of living in Vine Grove research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Vine Grove is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Kentucky, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Vine Grove is 92, with 100 being the average.
The cost of living index in Vine Grove is 0.9x lower than the national average.
Vine Grove ranks as the #48 cheapest in Kentucky out of 85.
Vine Grove ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Vine Grove is $170,700.
The median income in Vine Grove is $70,417.
According to the most recent data on the cost of living, Vine Grove has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Kentucky, Vine Grove has a cost of living index that's 1.0x lower than Kentucky's index of 94.
The standard of living in Vine Grove ranks as #48 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Vine Grove ranks as the #37 most expensive place in the Bluegrass State.
For more reading on life in Vine Grove, check out:
Six factors go into calculating the cost of living index in Vine Grove. Here is how it fairs on each of the criteria:
The Services index in Vine Grove is 104.
The Groceries index in Vine Grove is 90.
The Health index in Vine Grove is 95.
The Housing index in Vine Grove is 79.
The Transportation index in Vine Grove is 104.
The Utilities index in Vine Grove is 95.
|Living Expense||Vine Grove||Kentucky||National Average|
Housing swings affordability the most between places in Kentucky, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Vine Grove is $170,700.
The Median Rent in Vine Grove is $1,190.
The Median Income in Vine Grove is $70,417.
The Home Value To Income in Vine Grove is 2.4x.
The Rent To Monthly Income in Vine Grove is 0.2x.
|Statistic||Vine Grove||Kentucky||United States|
|Median Home Value||$170,700||$155,100||$244,900|
|Home Value To Income||2.4x||2.8x||3.5x|
|Rent To Monthly Income||0.2x||0.18x||0.2x|
The cost of living varies in the cities and towns around Vine Grove. Here's a quick look at the cost of living in the most populous nearby places:
Elizabethtown, KY has a cost of living index of 98, 1.1x Vine Grove.
Radcliff, KY has a cost of living index of 93, 1.0x Vine Grove.
Shepherdsville, KY has a cost of living index of 93, 1.0x Vine Grove.